The Gulf Cooperation Council (GCC) has 6 member countries, including the UAE, Saudi Arabia, Oman and Qatar. Over the years, these nations have made significant progress on global rankings for economic stability and quality of life. These six Gulf countries have great fossil fuel reserves. But the reducing oil prices in the global market has been compelling them to try out economic diversification. They are trying to reduce their dependence on oil by focusing more on tourism, manufacturing and even transportation. 1. UAE No. 1 in Economically Stable No. 17 in Best Countries Overall 2. Saudi Arabia No. 10 in Economically Stable No. 32 in Best Countries Overall 3. Qatar No. 14 in Economically Stable No. 25 in Best Countries Overall 4. Kuwait No. 27 in Economically Stable No. 53 in Best Countries Overall 5. Bahrain No. 32 in Economically Stable No. 69 in Best Countries Overall 6. Oman No. 38 in Economically Stable No. 61 in Best Countries Overall The UAE is also one of the most liberal co...